TechnipFMC (FTI)

• Market cap: $13.9B
• 1 day: 0.03%
• 5 days: 2.81%
• 1 month: 8.71%
• 3 months: 22.77%
• 6 months: 18.78%
• Year to date: 10.15%
• 1 year: 73.61%
• 5 years: 64.58%
• 10 years: -16.32%
• Sector: Industrials
• Industry: Oil & Gas Field Machinery & Equipment

About: TechnipFMC is the largest pure-play offshore oilfield service provider, offering integrated deep-water offshore oil and gas development solutions that span the full spectrum of subsea equipment and subsea engineering and construction services. The company also provides various surface equipment used with onshore oil and gas wells. TechnipFMC originated with the 2017 merger of predecessor companies Technip and FMC Technologies.

Employees: 22,762

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

224% more call options, than puts

Call options by funds: $157M | Put options by funds: $48.4M

12% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 59

1% more funds holding

Funds holding: 410 [Q2] → 414 (+4) [Q3]

0.17% less ownership

Funds ownership: 100.37% [Q2] → 100.2% (-0.17%) [Q3]

0% less capital invested

Capital invested by funds: $11.3B [Q2] → $11.3B (-$52.6M) [Q3]

13% less repeat investments, than reductions

Existing positions increased: 143 | Existing positions reduced: 164

23% less funds holding in top 10

Funds holding in top 10: 13 [Q2] → 10 (-3) [Q3]

Research analyst outlook

8 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $32 2% downside
• Avg. target: $37 14% upside
• High target: $42 29% upside

8 analyst ratings

• positive: 8 100%
• neutral: 0 0%
• negative: 0 0%

Evercore ISI Group Stephen Richardson 65% 1-year accuracy 11 / 17 met price target	20% upside $39	Outperform Maintained	15 Jan 2025
Barclays David Anderson 43% 1-year accuracy 34 / 80 met price target	29% upside $42	Overweight Maintained	18 Dec 2024
Goldman Sachs Ati Modak 100% 1-year accuracy 3 / 3 met price target	17% upside $38	Buy Initiated	13 Dec 2024
TD Cowen Marc Bianchi 55% 1-year accuracy 18 / 33 met price target	14% upside $37	Buy Reiterated	27 Nov 2024
RBC Capital Victoria McCulloch 100% 1-year accuracy 1 / 1 met price target	14% upside $37	Outperform Initiated	18 Nov 2024